But technology's performance is a worrying development to some, who worry that it indicates waning confidence in the recovery.

It's worth asking,though, whether the sell-off might be a bit of a good thing. Valuations were clearly stretched, and this earnings season presents an opportunity to get stocks trading at closer to fair price.

If that's the case, then now's the right time to start looking for tech stocks to buy. When market sentiment shifts, it always overcompensates. A tech sell-off will invariably harm certain tech stocks that are doing everything right.

We screened for undervalued tech stocks by looking at the ratios between levered-free-cash-flow and enterprise-value (LFCF/EV). This means that the company has extra cash on hand, relative to its size.

Since dividend stocks have been retaining their value better, we also narrowed the screen for companies with a dividend and companies with a market-cap above $2 billion. We were left with 8 names on our list.

Click on the interactive chart to view dividend yields over time.

&amp;amp;amp;amp;amp;amp;amp;lt;p&amp;amp;amp;amp;amp;amp;amp;gt;Your browser does not support iframes.&amp;amp;amp;amp;amp;amp;amp;lt;/p&amp;amp;amp;amp;amp;amp;amp;gt;
Are these tech plays undervalued or just sitting on too much cash? Use the list below to begin your analysis.